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Compiling comments that experts make about stocks while on public TV.

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Michael Giordano , VP Investments & Portfolio Manager

Date Signal Symbol Company Opinion Price
2013-04-08 N/A A Commentary A Comment -- General Comments From an Expert

Resources. There are several reasons for underperformance which has been going on for about 2 years now. A lot of investors got gun shy at the time of the Fukushima nuclear disaster. Another problem is the difference between US oil prices and Canadian oil prices. Finally, there has been chronic undersupply of commodities in the past and now all of a sudden, as prices are starting to get higher, supplies started to come on stream. He likes to pick companies that are at or close to production and are therefore generating cash flows with low cash costs.

 Price:
$0.020
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
_N/A
2013-04-08 DON'T BUY ABX-T Barrick Gold

Thinks gold will hold its support at $1525. Once that price firms up, he feels we will get higher pricing. This company had disappointed the market on both their production outlook coupled with the sum of the cost estimates, which continue to skyrocket. He prefers others.

 Price:
$26.760
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2013-04-08 BUY ANV-T Allied Nevada Gold

Gold producer in Nevada with a very rich high croft property. Have challenges in extracting some of the ore, and that coupled with the low gold prices, has resulted in this stock underperforming relative to some of its intermediate peers. If the expansion plans do come on stream, this company could be producing upwards of 500,000 ounces of gold.

 Price:
$11.970
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Unknown
2013-04-08 BUY ATH-T Athabaska Oil Sands Corp

Likes this name. Involved in exploration, development and production of oil, especially out of northern Alberta in the oil sands region. Did a couple of joint ventures with the Chinese to help fund both their oil sands projects as well as some of their light oil plays. One of their light oil plays is in the Duvernay where they are the largest landholder in the Cowell (?) area in central Alberta. Currently producing 4200 barrels per day as opposed to what they should be producing of 10,000. Because of lack of infrastructure they weren’t able to get that on stream. If everything lines up properly, they can produce upwards of 100,000 barrels per day.

 Price:
$8.170
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2013-04-08 BUY BNE-T Bonterra Energy Corp

One of the largest operators in the Pembina region, which is Cardium rich light oil. 12,000 barrels per day. Recently made an acquisition of Spartan Energy which they got on the cheap. Very high net back oil in this area. 7% healthy dividend on a very low payout ratio of under 100%.

 Price:
$49.040
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Unknown
2013-04-08 HOLD BXE-T Bellatrix Exploration Ltd.

(Sell or hold?) He would continue to Hold. This company is firing on all cylinders. Essentially they inked a deal with Koreans to fund the drilling of some of their Cardium wells in west central Alberta. Producing something like 17,000 barrels per day. 60% is natural gas.

 Price:
$6.460
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2013-04-08 BUY CCO-T Cameco Corporation

Really likes this name. Fundamentals of uranium continue to improve post the Fukushima disaster, especially since the Chinas of the world have committed to building power plants. Canada has just made an agreement with India to ship them uranium.

 Price:
$19.750
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Yes
2013-04-08 HOLD CHM-T Champion Iron Mines

He would call this a Hold given the activity in the Québec Labrador trough. Have 2 excellent properties with a billion punt potential of iron ore in that trough. The problem is there is an excess supply of iron ore in the market.

 Price:
$0.255
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2013-04-08 HOLD CLF-N Cliffs Natural Resources

(Market Call Minute.) Has literally fallen off the “Cliff”. Has been one of the worst performing stocks. Exposure to iron ore is a little too much. Stock will suffer in the short term but longer-term it is all right.

 Price:
$18.790
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
2013-04-08 TOP PICK CNR-T Canadian National R.R.

Transporting a growing amount of crude, currently about 150,000 barrels a day, which is expected to double to over 300,000 barrels per day. One of the largest rail operators in North America, operating 20,000 track miles and servicing all of Canada’s ports as well as Chicago and the Gulf of Mexico. Diversified right across various commodities. Higher margins than the rest of the rail competition. Yield of 1.75%.

 Price:
$98.400
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Yes
2013-04-08 BUY CSI-T Colossus Minerals Inc.

Sold a royalty deal to Sandstorm (SSL-T) for $60 million. They are a 75% holder of the Serra Pelada gold and PGM property in Brazil, one of the highest grade properties in South America and run by an excellent management team. Project is 75% complete so we should be seeing cash flow shortly.

 Price:
$2.990
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Unknown
2013-04-08 TOP PICK FRC-T Canyon Services Group

Energy services company focusing on pressure pumping. Highly intense drilling requires pressure pumpers to extract oil out of the ground. The intensity of drilling in Western Canada continues to increase so more and more pumping power is required and companies like this will benefit. Higher natural gas price is also going to encourage more drilling. 5.72% dividend with the payout ratio of only 20%. Zero debt; $17 million net available cash and $60 million available line credit.

 Price:
$10.495
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Yes
2013-04-08 STRONG BUY GEI-T Gibson Energy

Diversified in the energy deliverability space both in Canada and the US, whether it is trucking operations, rail terminals or marketing of propane and other liquids, they continue to do well. Pays a healthy dividend of 4.3%. A core holding for any portfolio.

 Price:
$25.770
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Yes
2013-04-08 BUY IMO-T Imperial Oil

A 100 year plus track record of paying dividends. Has the backing of Exxon as a 70% investor so have unlimited pockets when it comes to financing. They are ready to pull the trigger on the Kearls oil Sands project and it should be in production shortly.

 Price:
$40.200
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
Yes
2013-04-08 HOLD K-T Kinross Gold

This stock will follow the price of gold. A major producer in countries such as Russia and North America. If you think the price of gold will go up, this is a good barometer. It has gotten so beaten up because of its acquisition of Redback Mining of which they had to write off part of it.

 Price:
$7.140
Subject:
RESOURCE
Bias:
SELECTIVE
Owned:
No
Showing 1 to 15 of 194 entries
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